ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title Risk Management and Ethics
Code KMGT708

Year CATS Level Semester CATS Value
Session 2021-22 Level 7 FHEQ Whole Session 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):


Modules for which this module is a pre-requisite:


Programme(s) (including Year of Study) to which this module is available on a required basis:


Programme(s) (including Year of Study) to which this module is available on an optional basis:


Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours           50


Timetable (if known)              
Private Study 0


EXAM Duration Timing
% of
Penalty for late
CONTINUOUS Duration Timing
% of
Penalty for late
Assessment 3 Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session  Weeks 2, 3, 5 & 7    20       
Assessment 2 Non-standard penalty applies for late submission - Assessment Schedule (When) :Whole Session  Weekly    20       
Assessment 1 Standard UoL penalty applies for late submission. Assessment Schedule (When) :Whole Session  Weekly    32       


This module explores, from a practical perspective, the tools used in the risk and treasury management functions of an organisation to include instruments to finance the organization through banks as well as money and capital markets; Risk mitigation techniques, payment methods, data transfer, and working capital management methods are discussed and critically evaluated; Participants also undertake a critical analysis of corporate governance and ethical issues that arise from the separation of corporate ownership and control.

Learning Outcomes

(LO1) Monitor, control and critically evaluate corporate exposure to financial and operational risks.

(LO2) Maintain optimal cash positioning through forecasting and short-term investing and borrowing activities, plus employ appropriate working capital strategies and tools to efficiently manage current assets and liabilities.

(LO3) Determine appropriate capital structure, manage costs of long-term capital and critically evaluate capital resource investments.

(LO4) Critically analyse the importance of ethics, governance, and policies in risk management.

(LO5) Analyse the objectives of global risk management, plus critically evaluate interests of different stakeholders and how they impact the risk management function.

(LO6) Critically analyse the factors that facilitate the implementation of an MNC’s risk management strategy.

(S1) Communication Skills: Students will have opportunities to develop written and oral communication skills through group discussions, in-class presentations and coursework. This will be assessed by written assignments, reports, the dissertation and short individual and group presentations.

(S2) Problem Solving and Decision Making: Students will be challenged to think critically about organisational issues and dilemmas. They will do this by gathering and synthesising information, analysing alternative perspectives and options and presenting a considered opinion or course of action in their course assessment.

(S3) Numeracy Skills: Students will learn to apply financial and statistical techniques. These are developed as part of the modules covering finance, accounting, economics and econometrics.

(S4) Information and Communication Technology Skills: Students will have opportunities to improve their ICT skills. Students will demonstrate skills in the use of software applications including word processing, visual presentations, data bases, econometric packages, spreadsheets and using the internet for information searches in the course of researching and presenting coursework.

(S5) Group Working and Networking Skills: In class assignments for students will require them to work in groups and manage the interaction and relationships with other group members. In doing so, they will gain experience in negotiation, persuasion, influencing and managing conflict. Furthermore, students will be required to engage with fellow students and external business contacts in establishing a networked resource for the exchange of ideas and the development of future business relationships.

(S6) Personal Effectiveness: This applies to all modules where students will be encouraged to think critically about theory and practice and to challenge and critique assumptions about management, economic and financial theory.

(S7) Time management. This applies to all modules of the programme and is relevant for planning scheduled work and meeting assessment deadlines. This will be evident in the students’ independent management of their assignments and coursework and by meeting coursework deadlines.

Teaching and Learning Strategies

Teaching Method 1 - Virtual classroom hours (for online modules)
Teaching Method 2 - Non-classroom hours (for online modules)



Background and environment of risk and treasury management; Financial accounting and analysis for risk management; Liquidity risk management; Treasury technologies and risk management; Ethics and professional standards; Global finance and risk management; Risk Management for MNC’s.

Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.